The Pi Network is gearing up for its highly anticipated Open Mainnet launch on February 20, 2025, at 8:00 AM UTC. This milestone marks the transition from the Enclosed Mainnet phase, which began in December 2021, to an open network, enabling external connectivity and real-world applications for the Pi cryptocurrency.

In the lead-up to this launch, Pi Network has achieved significant milestones:

KYC Verification: Over 19 million Pioneers have completed the Know Your Customer (KYC) process, surpassing the initial target of 15 million.

Mainnet Migration: More than 10.14 million users have successfully migrated to the Mainnet, exceeding the original goal of 10 million.

Ecosystem Development: The network boasts over 100 Mainnet or Mainnet-ready applications, ensuring a robust ecosystem at launch.

Reports indicate that the price jumped by over 85%, reaching approximately $99.96 from a previous low of $48.24. As of now, Pi Coin is trading around $90.31, with a daily trading volume exceeding $639,000.

Looking ahead, market analysts have varying predictions for Pi Coin's value. Some forecasts suggest that Pi could trade between $55 and $70 by the end of 2024, with the potential to reach $200 or more by 2025, contingent on widespread adoption and network growth.

As Pi Network prepares to open its ecosystem to the broader blockchain world, the excitement among its global community of Pioneers is palpable. The upcoming Open Mainnet launch represents a significant step toward realizing Pi's vision of a decentralized, user-friendly cryptocurrency accessible to all.

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